Own New
With Own New, you can buy a new build home with significant reduced mortgage rates or smaller deposits.
What is Own New?
Own New offers two amazing products, the Rate Reducer and the Deposit Drop, both of which are designed to make home ownership available to more people.
The Rate Reducer offers a lower monthly mortgage interest rate of up to 4% – it is just a regular mortgage but with lower payments for the initial period.
Deposit Drop gives you the opportunity to buy your new home with just a 5% deposit.
Both Own New products can help you buy your Stonebridge Home, and importantly, the home will be 100% yours if you use either of these products.
How does it work?
With Own New your house builder provides a 3% or 5% incentive, deducted from your repayments during the first two or five years of your mortgage – all you need to do is find one of our new build homes that you love!
After that, arrange your mortgage with an approved Own New mortgage broker who will help you determine if Own New’s offer are right for you.
Is Own New right for you?
This scheme is open to anyone purchasing a new build property including first time buyers and home movers.
Own New was created by entrepreneur Eliot Darcy in 2017 with backing from Capita PLC as a major shareholder. It’s executive team and board members have a wealth of experience from Capita, and some of the UK’s top banks including Santander and Royal Bank of Scotland.
Find out more about Own NewFind a home
We have beautiful homes throughout the North East, Yorkshire and the Midlands. As well as several show homes, we also have a varied selection of virtual tours to help you experience what living in a Stonebridge Home is like.
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